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Money and banks in the American political system /
Lavelle argues that the political sources of instability in finance derive from the intersection of market innovation and regulatory arbitrage.
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge ; New York :
Cambridge University Press,
[2013]
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Lavelle argues that the political sources of instability in finance derive from the intersection of market innovation and regulatory arbitrage. In Money and Banks in the American Political System, debates over financial politics are woven into the political fabric of the state and contemporary conceptions of the American dream. The author argues that the political sources of instability in finance derive from the nexus between market innovation and regulatory arbitrage. This book explores monetary, fiscal and regulatory policies within a political culture characterized by the separation of business and state, and mistrust of the concentration of power in any one political or economic institution. The bureaucratic arrangements among the branches of government, the Federal Reserve, executive agencies, and government sponsored enterprises incentivize agencies to compete for budgets, resources, governing authority and personnel. |
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| Descripción Física: | 1 online resource (xxi, 306 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 281-291) and index. |
| ISBN: | 9781139840408 1139840401 9781139845144 1139845144 9781139235624 1139235621 9781283741552 1283741555 9781139842785 1139842781 1107236916 9781107236912 1139854224 9781139854221 1107254787 9781107254787 1139841599 9781139841597 |